China's stock market value surpasses 20 trillion Yuan!!!!

China's stock market value surpasses 20 trillion Yuan!!!!
Aug 7, 2007 21:21
KATRINA Points: Join Date: Nov 29, 2004 Status: offline	Source: Xinhua News. According to Xinhua News, the market value of Shenzhen and Shanghai Stock Exchange has reached 20.35 trillion Yuan. In 2005, it was about 3 trillion Yuan. Till August 3rd in 2007, it reached 20.35 trillion. Once it exceeded 8, 9 and 10 trillion just in 20 days. What does this suggest? According to statistics from the NBS, the GDP of the first half year was 10.68 trillion yuan and the economy volume of last year is 21 trillion yuan. The aggregate market value is equivalent to almost 100% of GDP. Some analysts say that there are five factors which boost the value of China's stock market, included are the rapid growth of China's economy and the profit of Chinese enterprises, the excess liquidity, state share reform and the issue of several blue chips. Meanwhile, it is said that the growth of the macro-economy may reach 11.3%.

Aug 7, 2007 21:21

KATRINA
Points:
Join Date: Nov 29, 2004
Status: offline

Source: Xinhua News.

According to Xinhua News, the market value of Shenzhen and Shanghai Stock Exchange has reached 20.35 trillion Yuan. In 2005, it was about 3 trillion Yuan. Till August 3rd in 2007, it reached 20.35 trillion. Once it exceeded 8, 9 and 10 trillion just in 20 days.

What does this suggest? According to statistics from the NBS, the GDP of the first half year was 10.68 trillion yuan and the economy volume of last year is 21 trillion yuan. The aggregate market value is equivalent to almost 100% of GDP.

Some analysts say that there are five factors which boost the value of China's stock market, included are the rapid growth of China's economy and the profit of Chinese enterprises, the excess liquidity, state share reform and the issue of several blue chips. Meanwhile, it is said that the growth of the macro-economy may reach 11.3%.

Aug 8, 2007 04:36	#1
LEOPOLD219 Points: Join Date: Feb 7, 2007 Status: Offline	What does this suggest? China's stock market is flourishing? The enconomy bubble does not exist? Maybe we need not to worry about the economy and stock market. Overheating and the bubble in the stock market do not exist.

Aug 12, 2007 23:09	#2
JOHNNY512 Points: Join Date: Nov 29, 2004 Status: Offline	The digits can not suggest anything. The circulation market value of the stock market in China is only 6.88 trillion yuan, 34% of the stock market value. Meanwhile, the scandals in the stock market have been reported many times. China's securities market does have problems.

Post a Reply to: China's stock market value surpasses 20 trillion Yuan!!!!